Stock Movers

• Warner Bros. Poised To Reject Paramount, Affirm Rallies, Estee Lauder Rises

  On this episode of Stock Movers:- Warner Bros. Discovery (WBD)is planning to reject Paramount Skydance Corp.’s hostile takeover bid due to concerns about financing and other terms, people familiar with the matter said. After deliberating and reviewing Paramount’s bid, Warner Bros.’ board will urge shareholders to reject the tender offer, said the people, who asked not to be identified discussing confidential information. The board still views the company’s existing agreement with streaming leader Netflix Inc. as offering greater value, certainty and terms than what Paramount has proposed, they said. One major sticking point is Warner Bros.’ concern about the financing proposed by Paramount, which is led by David Ellison. News also broke that Jared Kushner’s Affinity Partners is exiting from the takeover battle for Warner Bros. Discovery Inc. Shares of all three companies involved bounced around in aftermarket trading.- Affirm (AFRM) shares gained as much as 12% after the lending company’s chief financial officer said at an industry event that quarter to date trends were healthy, according to Evercore ISI.- Estee Lauder (EL) gets a new street-high price target at Bank of America as the broker names the company its top pick in beauty for 2026. The bank raises its target to $130 from $120 and reiterates its buy recommendation, citing improving beauty demand in China and US, and margin rebuild. Shares of beauty brand rose during trading on Tuesday.See omnystudio.com/listener for privacy information.

  --------  

  5:33

  --------

  5:33
• Closing Bell: PayPal Gains, Pfizer Tumbles, Comcast Rises

  Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Tim Stenovec and Carol Massar.On this episode of Stock Movers:- PayPal Holdings (PYPL) shares are up after the fintech company applied to become a bank in the US. The move is logical, could unlock long-term monetization and should be approved given the favorable regulatory environment, according to some analysts. However, the timeline is uncertain and it could take some years, they said.- Pfizer (PFE) forecast little growth in sales for next year as the drugmaker looks to refresh its pipeline of hit drugs with a series of pricey acquisitions. Revenue next year will be $59.5 billion to $62.5 billion, roughly in line with Wall Street’s estimate, Pfizer said Tuesday in a statement. Sales this year are expected at $62 billion, within the range the company projected in early November.- Comcast (CMCSA) shares rise as much as 3.8%, to the highest intraday since Oct. 28, after David Faber comments on CNBC about interesting trading activity, particularly in the swaps market, and also in options.See omnystudio.com/listener for privacy information.

  --------  

  5:10

  --------

  5:10
• Pfizer Tumbles, Xcel Energy Drops on Lawsuit, Comcast Gains

  On this episode of Stock Movers:- Pfizer (PFE) tumbled after it forecast little to no sales growth next year, a warning sign as the drugmaker works rebuild its pipeline of hit drugs with a series of pricey acquisitions. Revenue in 2026 will be $59.5 billion to $62.5 billion, Pfizer said Tuesday in a statement. The midpoint of that range trails Wall Street’s $61.6 billion estimate and the $62 billion the company expects to report this year.- Xcel Energy (XEL) falls after Texas Attorney General Ken Paxton sued the company, accusing the utility company of “blatant negligence” over its role in the Smokehouse Creek wildfire that killed three people and caused more than $1 billion in damage last year.- Comcast (CMCSA) shares rise as much as 3.8%, to the highest intraday since Oct. 28, after David Faber comments on CNBC about interesting trading activity, particularly in the swaps market, and also in options.See omnystudio.com/listener for privacy information.

  --------  

  4:19

  --------

  4:19
• Pfizer Falls, Paypal Gains, Stubhub Falls After Ratings Downgrade

  On this episode of Stock Movers:- Pfizer (PFE) shares fall after Pfizer forecasted little to no sales growth next year as the drugmaker undertakes an effort to refresh its pipeline of hit drugs with a series of pricey acquisitions.- Paypal (PYPL) shares gain after the company applied to become a bank in the US by submitting applications to the Federal Deposit Insurance Corp. and the Utah Department of Financial Institutions.- Stubhub (STUB) shares fall after the company received a downgrade at Citizens, which predicts that the ticketing platform will face more robust competition in 2026 and flagged headwinds from regulationSee omnystudio.com/listener for privacy information.

  --------  

  3:09

  --------

  3:09
• Ford's $19.5 Billion Move; PayPal Shares Gain; Pfizer Sees Flat 2026 Sales

  On this episode of Stock Movers:- Ford Motor (F) will take $19.5 billion in charges tied to a sweeping overhaul of its electric vehicle business after struggling for years to make it profitable.- PayPal Holdings (PYPL) shares are up after the fintech company applied to become a bank in the US. The move is logical, could unlock long-term monetization and should be approved given the favorable regulatory environment, according to some analysts. However, the timeline is uncertain and it could take some years, they said. - Pfizer (PFE) forecast little growth in sales for next year as the drugmaker looks to refresh its pipeline of hit drugs with a series of pricey acquisitions. Revenue next year will be $59.5 billion to $62.5 billion, roughly in line with Wall Street’s estimate, Pfizer said Tuesday in a statement. Sales this year are expected at $62 billion, within the range the company projected in early November.See omnystudio.com/listener for privacy information.

  --------  

  4:00

  --------

  4:00

More Business podcasts

Trending Business podcasts

About Stock Movers

Stock Movers: Podcasts in Family